September – the good and the bad

Posted | 02/09/2014 / Views | 2285
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Many people know of September’s history of stock market crashes but fewer know it is historically the best month for gold.  The first graph below (courtesy of Bloomberg) shows this for the whole year.  This year that potentially takes on more potency when you look at the second graph showing a basket of sharemarket indices from around the world at record levels, compare that to a gold price that is in the doldrums, and then look at the brewing geopolitical issues coming to a head.  One market looks over bought and one under bought.  History is not a guarantee of future moves, and that as we always say is why you have a balanced portfolio, but some gold and silver in your portfolio is looking more and more compelling…

September – the good and the badSeptember – the good and the bad